Senior Director, Corporate Finance Planning & Analysis

NewEdge Advisors (NEA) is a division of NewEdge Capital Group (NECG), a national wealth management platform with approximately $100 billion in client assets. NEA supports advisors across two models: independent advisor groups operating on a 1099 basis, and W-2 firm-owned advisor teams. The platform provides the technology, transition support, compliance infrastructure, and practice economics that let advisors serve clients and grow — whether they run their own business or operate within a NEA-owned team.

NEA is headquartered in New Orleans and is one of the fastest-growing platforms in the wealth management space. NEA is hiring a senior finance director. This is not a corporate accounting seat — consolidated accounting, audit, tax, and treasury sit at the parent company.

Nor is it a purely strategic seat: this is a player-coach role for a finance leader who owns NEA’s financial narrative, planning, and analysis, and is equally hands-on in the machinery underneath it — month-close, reconciliations, billing accuracy, and the data controls the business depends on — supported by a small finance team of two.

The right candidate wants to be neck-deep in the business: advisor economics across both affiliation models, recruiting and acquisition economics, custodian and clearing economics, revenue integrity, unit-level profitability — and takes personal ownership of the numbers being accurate, insightful and timely.

Financial Leadership & Planning
Manage NEA’s P&L in close partnership with the parent-company finance team, including intercompany and overhead allocation dynamics
Work closely with maturing data function to capture and analyze KPIs for NEA
Lead a lean divisional finance team of two, responsible for administrative and production support across monthly close, reconciliation, reporting, and data requests
Set the team’s priorities, quality standards, and development; Financial Operations, Month-Close & Billing Oversight
Own BU-level financial controls in coordination with parent-company accounting
Monitor and oversee the month-end close process to ensure accurate divisional revenue and expense data flows to NEA leadership and NECG finance for consolidated financials
Reconcile transactions, fees, and payouts by collecting and comparing data across multiple sources — custodial platforms, the firm’s portfolio accounting and reporting systems, and compensation systems.

Work with the firm’s systems and reporting infrastructure to generate insightful financial information — including ensuring Softek outputs what NECG finance needs for consolidated reporting, planning, and analysis
Maintain a structured partnership with the Operations-managed billing team — finance holds a dotted-line view into billing processes, exception trends, and system changes affecting revenue, while day-to-day billing execution remains with Operations
Ensure client billing matches financial expectations, and be able to answer questions on when and why it diverges: audit client fee billing & rebate accuracy, reconciliation of billed-to-collected-to-booked revenue, fee schedule and payout validation & testing, and identification of revenue leakage or billing exceptions
Maintain accurate RIA and custodial reporting and documentation to support audit and regulatory requests
Data Integrity & Insight Infrastructure
Own data request management and controls for the division: a disciplined intake, prioritization, and validation process for financial and business data requests, so leadership, the board, and the parent company get consistent answers from a single source of truth
Ensure the accuracy of the KPIs the business reports and manages by — net new assets, advisor retention, revenue per advisor, channel-level margin — including the definitions, methodology, and controls behind them
AUM, brokerage and advisory production, profitability by team and advisor, and account-level summaries
Build and standardize the division’s data and insight needs so key analyses are readily available on demand — systematized through platforms like Softek rather than rebuilt ad hoc
Assemble and synthesize data across business functions — Finance, HR, Operations — as divisional needs require
Build and maintain unit economics across both affiliation models: 1099 payout structures, W-2 compensation and partnership frameworks, transition assistance, and forgivable-loan economics with breakeven and payback analysis
Support leadership and advisors with data modeling, forecasting, and analysis for both current and prospective advisor teams
Own the economics of the full revenue stack — advisory fees, brokerage/commission flows, and the BD/RIA revenue architecture that sits behind them
Model and manage custodian and clearing economics: cash sweep revenue, asset-based pricing, ticket charges, custodial support arrangements, and the negotiating leverage that comes with platform scale
Track cohort performance of recruited advisors and acquired teams against underwriting assumptions and surface variances early
M&A Finance Coordination
Partner with the platform’s dedicated M&A team on deals affecting NEA: assess how transactions will impact the division’s financials, integration economics, and operating plan
Ensure M&A reporting and projections presented to the board are realistic, accurate, and reconciled to how deals actually perform post-close
Serve as the finance voice on integration planning — payout migration, expense absorption, and synergy tracking against deal model
Build the dashboard and reporting infrastructure the leadership team runs on: EBITDA bridges, channel-level profitability, cohort performance
Pressure-test business cases for growth investments, new capabilities, and platform initiatives
Prepare divisional materials for board reporting and sponsor reviews; own the NEA financial narrative including growth-investment framing and margin trajectory
Support diligence workstreams for platform-level M&A and capital events as they affect NEA
Partnership with Parent-Company Finance
Serve as NEA’s primary interface with the NewEdge Capital Group CFO and accounting/finance organization
10+ years of progressive finance experience in wealth management or securities-industry organizations providing investment advisory services; hybrid RIA/broker-dealer platform experience strongly preferred
~ Working fluency in BD and RIA economics — advisory vs. brokerage revenue dynamics, payout grids across affiliation models, regulatory capital considerations, and how the hybrid model actually generates margin
~ Hands-on custodian and clearing economics experience: sweep programs, asset-based pricing, ticket charges, and clearing arrangements; Strong systems and data orientation: experience making wealth platforms (portfolio accounting, billing, compensation, and reporting systems such as Softek, Orion, Salesforce) produce reliable, decision-ready output — and building the automated controls that keep it reliable; general ledger experience (Dynamics 365) a plus
~ Advanced Excel required; working proficiency in BI tools (Power BI, Tableau) strongly preferred
~ Familiarity with advisory fee billing operations and revenue cycle in an RIA/BD environment — fee schedules, billing systems, householding, rebates, and the reconciliation chain from client account to firm revenue
~ M&A finance fluency: ability to assess deal impact on divisional financials, validate projections, and track post-close performance against deal model
~ Deep FP&A and business-partnering background; Experience leading small, high-output finance teams — comfortable delegating production work while staying close enough to catch what’s wrong
~ Demonstrated ability to document complex processes and implement quality-control frameworks across a firm
~ PE-backed company experience a strong plus — you know what sponsor-grade analysis looks like and can produce it under time pressure
~ Based in or willing to relocate to New Orleans; Bachelor’s degree in Finance, Economics, Accounting, or related field; [Salary Range: $150,000 - $200,000, based on experience, plus eligibility to participate in the company's bonus program